3 ms·
There are very few that will celebrate De Beers implementation of this monopoly business model: https://en.wikipedia.org/wiki/De_Beers#Legal_issues https://en.w
by posguy 6y ago
There are very few that will celebrate De Beers implementation of this monopoly business model: https://en.wikipedia.org/wiki/De_Beers#Legal_issues https://en.wikipedia.org/wiki/De_Beers#Legal_issues
- missedthecue 6y agoDe Beers does not have a monopoly. Look up their market share.
- posguy 6y agoThey had an effective monopoly, until their control of supply was broken: http://www.paulzimnisky.com/a-brief-history-of-de-beers http://www.paulzimnisky.com/a-brief-history-of-de-beers
- missedthecue 6y agoBy market forces. Competition, when permitted to exist, produces net benefits.